Should we buy this airplane ad business? - Acquisitions Anonymous episode 165
Michael Girdley (@Girdley) and Mills Snell (@thegeneralmills) talk about a company that offers services related to aerial advertising. We discuss the deal structure, margins, and the significant pricing power enjoyed by businesses that operate billboards. Is there a moat around this business? Do we think it’s better to rent a billboard? Company: Aerial Advertising Service Provider Location: 21 States - US Stated Financials: 2022 TTM $ 3.5M | 2022 Adj...